Fuel Adjustment Mechanism (FAM)

Fuel Adjustment Mechanism (FAM)

 

The Fuel Adjustment Mechanism is a program regulated by the Nova Scotia Utility and Review Board. It ensures your bill accurately reflects the true costs of producing electricity. Every year, NS Power forecasts the fuel costs of producing electricity. It’s an estimate and like any estimate, it may turn out to be too high or too low. When we tally up the actual fuel costs of producing power for the year, we use these numbers to calculate a new energy rate. Your rate may go down or it may go up.

FAM_April 2024

Applicability

This schedule is a mandatory rider to all-electric rate schedules, except the following tariffs: Generation Replacement and Load Following, Extra High Voltage Time-of-Use Real Time Pricing, High Voltage Time-of-Use Real Time Pricing, and Distribution Voltage Time-of-Use Real Time Pricing. Fuel Adjustment Mechanism (FAM) adjustments will apply to the Standard Energy Charge of the Extra Large Industrial 2P-RTP tariff. FAM adjustments will apply to Additional Energy supplied under the Mersey System Agreement when Additional Energy is priced at a tariff to which FAM adjustments apply.

Charges

The applicable charges by rate class, effective February 2, 2023, are as follows:

Rate ClassActual Adjustment ("AA") in cents per kWh Balance Adjustment ("BA") in cents per kWh FAM AA/BA Combined IN CENTS PER KWH
Domestic Service, Domestic Service Time-of-Day, Domestic Service Time of Use, Domestic Service Critical Peak Pricing0.0000.000
0.000
Small General, Small General Time of Use, Small General Critical Peak Pricing0.000
0.000
0.000
General, General Time of Use, General Critical Peak Pricing0.000
0.000
0.000
Large General0.000
0.000
0.000
Small Industrial0.0000.000
0.000
Medium Industrial0.000
0.000
0.000
Large industrial Firm0.0000.0000.000
Large Industrial Interruptible 0.0000.000
0.000
Municipal0.0000.0000.000
Unmetered Services0.0000.0000.000

 

Disclaimer

Tariffs, rates, and descriptors shown are for information purposes only. Official tariffs as per Nova Scotia Utility and Review Board approved Rates and Regulations schedules.

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